Fractional Ownership News
Expansion of Fractional Helicopters on the horizon?
Word has it that Sikorsky is looking towards a significant expansion of its existing fractional helicopter programme by taking the offer to international customers through a franchise business model.
Although surprising given how well helicopter ownership lends itself to the fractional format the market has not expanded in line with the massive growth of the fractional jets- Sikorsky is among the handful of established helicopter companies and has been offering fractional opportunities through its Sikorsky Shares programme for over 12 years now and a major growth plan is on the cards with studies into franchising the ‘Shares programme currently underway.
Sikorsky Shares currently operates using S-76 aircraft in New York City and Philadelphia. If Sikorsky’s expansion plans go ahead major cities including London, Paris, Tokyo and a selection of Middle East cities could soon offer customers the chance to buy flight time on board helicopters in regions outside their ‘home’ membership area. Including in the expansion plans are additional US cities such as Los Angeles.
With an increase in availability and flexibility fractional helicopters could be the next major fractional success story. FL shall keep you posted on future developments.
20/07/08
The Hideaways Club
The Hideaways Club has established itself as Europe’s leading Private Residence Owners’ Club, offering Members ownership and usage of a portfolio of beautifully furnished, luxurious homes at a fraction of the cost of sole ownership.
With a wide variety of properties in a number of luxury locations throughout Europe and the Mediterranean, the Club combines exclusive access to stunning overseas homes with the upside of investing in an international property portfolio.
What’s more, as members actually own a share of the equity in the entire property portfolio they may benefit from any upturn in the portfolio’s appreciation.
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Resort Equities
Resort Equities Italian Residence Collection
Introducing the Bella Villa Collezione (BVC). This unparalleled
shared ownership offering is a collection of 5 -10 spectacular
residences situated in sought-after locations throughout Italy.
The Bella Villa Collezione is commencing with a lavish Tuscan
farmhouse and future residences are slated for Firenze, Lake Como, Positano and Roma.
A maximum of 10 owners in each residence are entitled to at
least 4 weeks usage in properties throughout the Bella Villa Collezione. Additionally, BVC owners may participate in Resort Equities exchange program to vacation at destinations such as Maui, San Francisco and Lake Tahoe. 1/10th interests start at $450,000 USD.
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